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Moneycontrol.com India | Chairman's Speech > Steel - Medium / Small > Chairman's Speech from Kamdhenu Ispat - BSE: 532741, NSE: KIL

Kamdhenu Ispat

BSE: 532741  |  NSE: KIL  |  ISIN: INE390H01012  |  Steel - Medium / Small

Explore Kamdhenu Ispat connections « Mar 07
Chairman's Speech Year : Mar '09
Here, I feel proud to share with you the Annual Report of Kamdhenu
 Ispat Limited for the year 2008 - 09. It ts a pleasure to inform you
 that the overall performance of the company has been promising during
 this financial year.  We have successfully met almost all our targets
 regardless of the upheavals in the Infrastructure & Construction sector
 and are steadily charting the growth graph.
 
 It is a known fact that the recent economic downturn has adversely
 affected countries across the globe. India too faced the heat and very
 naturally its vanous business segments. The Indian Infrastructure &
 Construction industry that grew at a rate of about 12 per cent for the
 past five years, contributing Rs. 3.8 tnllion to the Indian GDP dunng
 the year 2007-2008 too witnessed a hold back. However, amidst such
 untoward circumstances we pulled up our strength and showed our
 competence & leadership in the domain. By undertaking strategic
 associations we have made our pan India presence, remaining connected
 to consumers far and wide across the nation, With a vision not just to
 sustain in the market but to assume the topmost position, your company
 is marching foiward with a farsighted approach and a futunstic
 perspective.  Taking a leap in this direction, your company has
 ramified into the manufacturing, marketing, branding and distribution
 of its variegated infrastructura! product verticals apart from its
 pnmary & flagship product. Steel. Today. Kamdhenu Ispal Limited has an
 enriched product portfolio that enlists Reinforcement Steel Bars
 (TMT/HSD), Structural Steel (Angle, Beam. Channel, and Flat), Binding
 Wire. Cement (Super Cement). Plywood.  PVC Pipes, Paints (Colour
 Dreamz), and Residential Projects. Kamdhenu fonts under the brand name
 Colour Dreamz\as been a magnum venture made by the company in the
 year 2008. The paint project saw a huge investment, for it rendered a
 vital dimension to Kamdhenus infrastructure business.  Recent
 inclusion into the scintillating collection of products is
 Construction Chemicals, which is soon to be seen in the market. The
 idea behind this proliferation is twofold - the first being Expansion
 through Divenyfication, while the second is to establish Kamdhenu as
 One-stop- destination for Infrastructure & Construction materials.
 With such clear focus, your company is moving ahead to accomplish the
 height that is unparalleled.  For this, we have devised our mode of
 working with defined strategy.  Our Franchisee Association Business
 Model supports our expansion policy making Kamdhenu products easily
 available in every part across India.  It has worked wonders for the
 company by popularizing Kamdhenu merchandise as well as the brand
 itself. From 39 franchisee units last year, we have climbed up to a
 number of 50 making our hold the market across the nation firmer. Next
 is the Stockyard Business Model that has always proved beneficial in
 the overall business operation of Kamdhenu by seamlessly meeting
 consumer demand. In the past one year, our company has added over 1000
 new dealers and distnbutors strengthening the companys supply chain
 network by more than a base of 3 500.
 
 Following these strategies Kamdhenu Ispat Limited has also created an
 extensive marketing network of paint products across India. In addition
 to that the company has invested lots of efforts & money m creating
 brand awareness about its various products through heavy use of print
 and electronic media campaigning- Immense endeavor has been made
 especially towards strengthening the grounds of Kamdhenu Paints - in
 the establishment of its highly sophisticated production plant at
 Bhiwadi, Rajasthan and in the marketing & branding of Colour Dreamz.
 The company is manufacturing an entire Architectural, Decorative &
 Designer range of paint products, namely, Exterior & Interior
 Emulsions, Cement Paints. Synthetic & GP Enamels, Acrylic Distempers.
 Water based & Solvent based Primers, Wood Finishes, and Aluminum
 Finishes along with Textured & Designer Finishes. Taking an edge over
 the competitors Kamdhenu has brought in the new-age Tinting Machine
 that is capable of distinguishing mmute differences of color saturation
 enabling the consumers to make detailed choice.
 
 Allow me here to introduce you to the social face of Kamdhenu Ispat
 Limited. Your company has been actively involved in meeting its
 obligation to the society at large. Our Corporate Social Responsibility
 body. Kamdhenu Jeevandhara is lending its hand to the welfare of the
 society in every small way within capacity. It engages in providing
 education to the underprivileged children with essential learning kit
 and mid-day meal in order to encourage them to study. As a sign of
 relief to the physically challenged. Kamdhenu organizes free artificial
 limb and Polio calipers transplant camps and also arranges for blood
 donation programs. Taking our Green India Campaign further every year,
 we also motivated our dealers and distributors to plant and nourish
 five saplings each and make our Earth a better place to dwell in.
 
 Paths that we traversed so far in this financial year were fruitful in
 their particular aspects. To make the future glorious as was the past
 we already have in place goals crystal clear before us for the
 financial year of 2008-09. four company has come of age and is now
 prepared to spread out into arenas of Infrastructure & Construction not
 explored well. With that we would persistently work towards expanding
 our nexus of franchisee base to enable floating of Kamdhenu products to
 every nook and comer of India. More so, we are enthusiastic of reaching
 out to more of foreign lands apart from our presence in the SAARC
 countries.
 
 Drawing the curtains here, I express my heartfelt gratitude to all who
 have been beside us all this while. Everything that we accomplished
 would not have been possible without the association of our revered
 Stakeholders, Shareholders, Directors, Bankers, Financial Institutions,
 Dealers. Distnbutors. Franchisee Alliances. Employees and nonetheless
 our Customers, requesting their trust, believe in and support to us in
 every step that we take in the future.
 
                                          Yours Sincerely
                                      Satish Kumar Agarwal 
                              Chairman & Managing Director 
                                     Kamdhenu IspatLimited
 
 27thJuly 2009
Source : Religare Technova

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